Vakrangee hit a lower circuit limit of 5% at Rs 233.20 at 14:35 IST on BSE on profit booking after a recent rally.
Meanwhile, the S&P BSE Sensex was down 346.39 points, or 1.02% to 33,664.37.On the BSE, 56.39 lakh shares were traded in the counter so far compared with average daily volumes of 4.05 lakh shares in the past one quarter. The stock had hit a high of Rs 257.70 and a low of Rs 233.20 so far during the day. The stock hit a record high of Rs 515.40 on 24 January 2018. The stock hit a 52-week low of Rs 153.75 on 10 March 2017.
The stock had underperformed the market over the past 30 days till 16 February 2018, falling 43.82% compared with 3.54% fall in the Sensex. The scrip had also underperformed the market in past one quarter, falling 25.44% as against Sensex's 2% rise. The scrip had outperformed the market in past one year, rising 57.56% as against Sensex's 19.47% rise.
The large-cap company has equity capital of Rs 105.88 crore. Face value per share is Re 1.
Shares of Vakrangee surged 27.57% in five trading sessions to settle at Rs 245.45 on Friday, 16 February 2018, from its close of Rs 192.40 on 8 February 2018.
On a consolidated basis, net profit of Vakrangee rose 87.50% to Rs 246.66 crore on 84.13% rise in net sales to Rs 1802.42 crore in Q3 December 2017 over Q3 December 2016.
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Vakrangee is the unique technology driven company focused on building India's largest network of last-mile retail outlets to deliver real-time banking, insurance, e-governance, e-commerce and logistics services to the unserved & underserved rural, semi-urban and urban markets.
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